eBook Show Me How Office 365 Print Item Direct materials purchases budget Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen piezas for November Units 12" Pizza 16" Pizza Budgeted production volume 80,000 60,000 There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows 12" Pizza 16" Pizza Direct materials: 0.55 lb, per unit 0.80 lbs. per unit Dough Tomato Cheese 0.25 0.40 0.70 1.20 In addition, Tobin's has determined the following information about each material Dough Tomato Cheese Estimated Inventory, November 1 2,700 lbs. 800 lbs. 3,100 lbs. Desired inventory, November 30 1.900 lbs. 1,300 lbs 2.500 lbs. Price per pound $0.50 30.60 $0.85 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question Previous Ne Check My Work Save and Ext Submit Assignment for Cheese Total sign. Round your final answers to the nearest dollar. Tobin's Frozen Plaza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Dough Tomato Units required for production: 12" pizza 44,000 16" pizza Desired Inventory, November 30 Total units available Estimated Inventory, November 1 Total units to be purchased Unit price Total direct materials to be purchased Feedback Check My Work Remember to take into account materials required for production, desired ending materials inventory and estimated beginning materials inventory when calculating direct me purchased